The law here is uncertain and differs between states. Until we get some definitive court rulings or clarification from regulatory agencies, it's hard to say. T

The law here is uncertain and differs between states. Until we get some definitive court rulings or clarification from regulatory agencies, it's hard to say. There is one reading of California's law where practically anything that takes money from A and gives money to B is a money transmitter. Therefore, Uber (which takes money from passengers and gives it to drivers) or iTunes (which takes money from customers and gives it to artists) could be money transmitters. This is probably not the case (or at least, the law isn't being enforced that way), but it's far from settled. See http://www.businessinsider.com/california-rethinks-money-transmission-act-2013-3 http://www.businessinsider.com/california-rethinks-money-tra....